Microsoft Looks to Make a Major Reset as It Says This Area of Its Business "Is Not Healthy"

Microsoft announced it will eliminate 4,800 positions (2% of workforce), with 3,200 cuts in its Xbox division. Xbox CEO Asha Sharma stated the gaming business is 'not healthy,' losing 64 cents for every dollar invested. The restructuring aims to reduce management layers, improve efficiency, and boost competitiveness in a segment that has seen declining revenue.